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 | Two people walk past a mural showing planned developments in Beijing. Foreign direct investment (FDI) in China fell 3.42 percent in the first seven months of the year, official data showed. click to open  |  | A worker shovels concrete from a mixer outside a new apartment building in Beijing Friday, March 18, 2005. Property shares dropped Thursday after China's central bank tightened mortgage lending rules to raise the cost of borrowing for home loans, in an effort to cool the sizzling property market. click to open |  | A surveyor takes measurements outside a new apartment building in Beijing Friday, March 18, 2005. Property shares dropped Thursday after China's central bank tightened mortgage lending rules to raise the cost of borrowing for home loans, in an effort to cool the sizzling property market. click to open |  | A Chinese real estate employee carries out leaflets containing information for prospective buyers about urban developments to invest in, during a real estate fair in Beijing Thursday April 7, 2005. China's largest city has enacted a new rule requiring home owners to pay off their mortgages before selling property, the boldest measure yet in new efforts to cool surging real estate prices. The new regulation, which took effect Tuesday, requires property owners to pay off their entire mortgage before transferring a deed to a buyer. click to open |  | Chinese real estate agents try to drive home a deal as they speak to prospective buyers about urban developments to invest in, during a real estate fair in Beijing Thursday April 7, 2005. China's largest city has enacted a new rule requiring home owners to pay off their mortgages before selling property, the boldest measure yet in new efforts to cool surging real estate prices. The new regulation, which took effect Tuesday, requires property owners to pay off their entire mortgage before transferring a deed to a buyer. click to open |  | A development employee works the loudspeaker as Chinese real estate agents try to drive home a deal as they speak to prospective buyers about urban developments to invest in, during a real estate fair in Beijing Thursday April 7, 2005. China's largest city, Shanghia, has enacted a new rule requiring home owners to pay off their mortgages before selling property, the boldest measure yet in new efforts to cool surging real estate prices. The new regulation, which took effect Tuesday, requires property owners to pay off their entire mortgage before transferring a deed to a buyer. click to open |  | Chinese prospective buyers grab leaflets and products offered by real estate agents promoting urban developments to invest in, during a real estate fair in Beijing Thursday April 7, 2005. China's largest city, Shanghia, has enacted a new rule requiring home owners to pay off their mortgages before selling property, the boldest measure yet in new efforts to cool surging real estate prices. The new regulation, which took effect Tuesday, requires property owners to pay off their entire mortgage before transferring a deed to a buyer. click to open |  | Chinese real estate agents try to drive home a deal as they speak to prospective buyers about urban developments to invest in, during a real estate fair in Beijing Thursday April 7, 2005. China's largest city, Shanghia, has enacted a new rule requiring home owners to pay off their mortgages before selling property, the boldest measure yet in new efforts to cool surging real estate prices. The new regulation, which took effect Tuesday, requires property owners to pay off their entire mortgage before transferring a deed to a buyer. click to open |  | A Chinese prospective buyers loaded with leaflets about urban developments to invest in, walks past a violinist playing during a real estate fair in Beijing Thursday April 7, 2005. China's largest city, Shanghai, has enacted a new rule requiring home owners to pay off their mortgages before selling property, the boldest measure yet in new efforts to cool surging real estate prices. The new regulation, which took effect Tuesday, requires property owners to pay off their entire mortgage before transferring a deed to a buyer. click to open |
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